Ali Plc with issued capital of #500,000 in #1.00 shares has for now requested shareholders…

Commerce WAEC 1997

Ali Plc with issued capital of #500,000 in #1.00 shares has for now requested shareholders to pay only 50k for each #1.00 share. The amount requested from the shareholders by the company is called?

  • issued capital
  • Called-up capital checkmark
  • paid-up capital
  • capital owned
  • borrowed

The correct answer is: B

Explanation

No official explanation is available for this question at this time. Please check contributions posted by others below. If you can provide an explanation to help other student learn.
Previous Question Next Question

Leave A Comment